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Otto GmbH & Co KG. The Otto Group ( Otto ( GmbH & Co KG)) is a German retail company based in Hamburg that operates companies worldwide in the retail, e-commerce, financing, logistics and mail order sectors. [2] [3] In 2023, the Group generated sales of €16.2 billion and had around 41,186 employees.
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Otto GmbH & Co KG ( doing business as Otto Group, stylized as otto group, formerly Otto Versand) is a German mail order company and one of the world's biggest e-commerce companies. Based in Hamburg, it operates in more than twenty countries. [2] Otto is primarily a retail e-commerce company, and as a shareholder, it also operates in e-commerce ...
The company was purchased by Next plc for 300 million pounds in 1986, a deal which saw Next outbid future Grattan owners Otto Versand. By the 1990s Grattan was the UK's fourth largest catalogue company with 13% of the mail order market. In 1991 Grattan was purchased by Otto Versand for 165 million pounds.
Werner Otto (13 August 1909 – 21 December 2011) was a German entrepreneur. In 1949, he founded Otto GmbH , which eventually became the world's largest mail order group. [1] He was married three times and had five children.
www .eos-solutions .com. The EOS Group is a holding company that operates financial services companies with locations in Europe, [3] the United States [4] and Canada. [5] Its core activity is receivables management including receivables purchasing and debt collection. The group, which has its headquarters in Hamburg, is part of the Otto Group .
Alexander Otto (born 7 July 1967) is a German billionaire businessman. As of November 2021, his net worth was estimated at US$12.2 billion. As of November 2021, his net worth was estimated at US$12.2 billion.
In 2005, the major French bank Société Générale acquired 75 percent of the shares; Otto Group continues to own a 25-percent stake. In 2006, Hanseatic Bank founded its subsidiary Hanseatic Service Center GmbH (HSCE), where the employees are responsible for the lending and deposit administration and answer customers’ and partners’ questions via phone and e-mail.